Financial Pressure

Demand for law school is down significantly.

Demand for law school is down by a variety of measures. Fewer students are taking the LSAT, applying to law school, and enrolling. Naturally, we'd expect falling LSAT takers to be followed by falling applicants and then falling enrollment. However, the pace of decline slows at each stage because law schools are enrolling students who they previously would not have admitted. This follows from financial pressure.

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